Connotate Names K. Venu Venugopal as Chief Product Officer

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Information and SaaS Veteran to Lead Connotate’s Web Data Platforms and Services Portfolio

NEW BRUNSWICK, NJ – August 19, 2014 – Connotate, the leading provider of enterprise-grade Web data harvesting platforms and services, today announced the appointment of K. Venu Venugopal as its first chief product officer. Dr. Venugopal will be responsible for managing the Connotate portfolio of platforms, services and products.

Dr. Venugopal has over 20 years of experience in both technology and data products. He joins Connotate from Reed Elsevier, where he was VP of product management, engineering, and business development.  He came to Reed Elsevier when they acquired Knovel, the leading source of technical information for engineers. Dr. Venugopal had led Knovel’s transformation into a high-growth technology leader in cloud-centric information services, which resulted in its acquisition by Reed Elsevier in just 15 months.

Connotate is a leader in helping companies leverage Web-sourced data to create competitive advantage or new business models.” said Rich Kennelly, CEO of Connotate. “Venu’s data and technology experience, industry knowledge, and focus on innovation will ensure we continue to lead the industry and meet the evolving needs of our customers.  I am thrilled to have him on board as a member of the Connotate team.”

Prior to Knovel and Reed Elsevier, Dr. Venugopal spent 7 years at Computer Associates (CA), where he was one of the founding executives of its SaaS & Cloud Services business unit and served as the vice president of product management for their global SaaS product line. He also held senior marketing and product management positions in CA’s Industry Verticals and Security Software businesses. Prior to CA, he was with Sprint, leading their managed services portfolio product management and operations for internet protocol (IP) products. He holds an MBA in Marketing from University of Maryland, College Park, an MS in Electrical Engineering from the Indian Institute of Technology, and a PhD in Electrical Engineering from Florida Atlantic University, Boca Raton.

“I have a great foundation to build on,” said Mr. Venugopal.  “Connotate has industry-leading Web-harvesting technology, a sterling customer list, and market-proven platforms, products, and services. My goal is to continue to innovate by expanding delivery options and developing new products that make it even easier for companies to harvest and use the world’s largest database – the Web.”

About Connotate

Connotate, Inc.’s patented, advanced science and Web scraping technology powers an extraction platform that can turn the almost 1 billion websites registered on the Web today into a flow of clean, structured, and aggregated Web data. Our growing customer list includes news and content aggregators such as McGraw-Hill, Associated Press and Thomson Reuters, as well as major consumer goods companies, financial institutions, technology companies, and healthcare/pharma firms. Connotate’s Web data helps support better decisions and deeper insights in marketing, pricing, competitive intelligence, finance and investing, human resources, sales and lead generation, and much more. Connotate has been named a KMWorld “Trend-Setting Product” for the past eight years.

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